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MITI's Portal
 

Glossary

CLMV

Cambodia, Lao PDR, Myanmar, & Viet Nam [read more]

CTC

Change in HS Tariff Chapter – 2 digit level. [read more]

CTH

Change in HS Tariff Heading – 4 digit level. [read more]

CTSH

Change in HS Tariff Sub-heading – 6 digit level. [read more]

DDA

Doha Development Agenda, sometimes Doha Round. Unofficial name of the Doha Work Programme on negotiations and implementation. [read more]

De minimis

Minimal amounts of domestic support that are allowed even though they distort trade — up to 5% of the value of production for developed countries, 10% for developing. [read more]

FDI

Foreign direct investment (FDI) - is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the ... [read more]

FOB

Freight on Board - The free-on-board value determined by the value of the materials; production cost; profit; and other costs. [read more]

FTA

Free Trade Agreement – an agreement between two or more countries with the aim of liberalising the trade of goods and services and access to investment between those countries. An FTA does this by removing barriers to trade, such as ... [read more]

GATT

General Agreement on Tariffs and Trade. Since 1947, the multilateral institution overseeing the global trading system. Superseded by the WTO in January 1995. [read more]

HS

Harmonized System Tariff Code. An international nomenclature developed by the World Customs Organization, which is arranged in six-digit codes allowing all participating countries to classify traded goods on a common basis. Beyond the six-digit ... [read more]

MAFTA

Malaysia-Australia Free Trade Agreement [read more]

MCFTA

Malaysia-Chile Free Trade Agreement [read more]

MEEPA

Malaysia-European Free Trade Association (EFTA) Economic Partnership Agreement - Iceland, Liechtenstein, Norway, Switzerland. [read more]

MEUFTA

Malaysia-European Union Free Trade Agreement [read more]